Global Turf Protection Market
Report Highlights
Market Overview:
The global Turf Protection market was valued at USD 4.91 billion in 2016 and is projected to reach USD 7.44 billion by 2025, growing at a CAGR of 4.8% from 2017 to 2025.
The rising number of turfs in both commercial and residential complexes is driving demand for turf protection products. The rising number of sport complexes and training facilities globally is expected to boost demand for these products. However, stringent regulations regarding chemicals used in turf protection is expected to hamper market demand.
Market Dynamics:
1. Market Drivers
1.1 Growing demand from commercial and residential projects
1.2 Adoption of integrated pest management
2. Market Restraints
2.1 Stringent regulations on chemicals
2.2 Gradual rise in demand for artificial turf
Market Segmentation:
The global Insecticide Seed Treatment market is segmented on the solution, product, mode of application, and region.
1. By Solution:
1.1 Mechanical
1.2 Chemical
1.3 Biological
2. By Product:
2.1 Stress Protection
2.2 Pest Protection
2.3 Scarification
3. By Mode of Application:
3.1 Soil
3.2 Foliar
3.3 Seed
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Nuturf Pty Ltd.
2. DOW Agrosciences LLC
3. Evans Turf Supplies Ltd.
4. Idemitsu Kosan Co. Ltd.
5. Backyard Organics LLC
6. Syngenta AG
7. Pure AG
8. Epicore Bionetworks Inc.
9. Teraganix Inc.
10. The Andersons Inc.
11. Corebiologic LLC
12. FMC Corporation
13. Soil Technologies Corporation
14. Lallemand Incorporated
15. Lucerne Biotech UK Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Turf Protectionmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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